Ep 23: STOP! That 2/1 Buydown May NOT Be Best For You

Emergency podcast! Its been a wild weak of tariffs, stock market swings, and the 10-year treasury spiking above 4.50%. If you are a buyer that's been on the fence and got spooked by mortgage rates also going up this week, this one's for you. I'll lay out my case why a 2/1 buy down is RISKY and present perhaps a better option.**DISCLOSURE** I am not a lender and not of the terms referenced in this episode should be considered accurate - I just do math on a calculator. Talk to a qualified lender for accurate terms and payments based on your circumstances.House Money Real Estate Platforms:✳️Spotify: https://tinyurl.com/2f9apx48🍎Apple Podcasts: https://tinyurl.com/pk9mmrwr🖼️Instagram: @HouseMoneyRE 🖥️ Website: https://housemoneyre.com🌐House Money Real Estate Blog: https://housemoneyre.com/blogRychen Jones is a Real Estate Consultant, Realtor, and owner of House Money Real Estate based in Salt Lake City. Additionally, he is a real estate continuing education instructor as well as speaker and presenter to small and large groups, teams, and at national real estate conferences.Rychen previously spent more than 12 years as a financial advisor before transitioning to real estate in 2018. He is an avid runner and golfer and has completed 26 marathons, a 50k ultra-marathon, seven 50-mile ultra-marathons, and four half-Ironman triathlons